Business week in review
Sunday 28 July 2013
In profit ...
McDonald's UK chief Jill McDonald announced on Monday that the fast-food chain had enjoyed its "busiest-ever" day towards the end of June. She put this down to people treating themselves to a Big Mac around payday.
For the sake of clarity, we would like to point out that McDonald is no relation to the scourge of the Hamburglar, Ronald McDonald.
Volkswagen chairman Martin Winterkorn pleased the good people of Crewe on Tuesday. He announced an £800m investment in the town's Bentley factory, which has been charged with building an ultra-powerful sport utility vehicle.
Ian Cheshire, boss of B&Q owner Kingfisher, revealed strong second-quarter results on Wednesday.
... at a loss
Wednesday's news that Sir David Higgins is to leave Network Rail next year, which is more of a loss for the industry than for him.
The man who earned his "k" for overseeing the construction of the London Olympics, found far less love as head of an organisation that looks after most of Britain's rail infrastructure.
He has helped Network Rail become more commercially focused, but was criticised for his £100,000 bonus.
Hibu boss Mike Pocock confirmed on Thursday that the Yellow pages owner had finally collapsed into the arms of its creditors after restructuring £2.3bn of debt. That same day Unilever chief executive Paul Polman announced weak sales.
- 1 Which country would be hardest to invade?
- 2 The man who filmed the Freddie Gray video has been arrested at gunpoint
- 4 How the language you speak changes your view of the world
- 5 Royal baby girl born: Duchess of Cambridge's second child will be a princess thanks to Queen
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: SNP and its activists 'openly racist' towards the English, Farage says
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
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